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What is the best business to start with 10 lakhs?

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What is the best business to start with 10 lakhs?

Best business ideas under 10 lakh

  1. IT or gadget store. The IT or gadget store is the best business under 10 lakh.
  2. Cleaning business. The next new business idea is to start a cleaning business.
  3. Catering business.
  4. Travel business.
  5. Online stores.
  6. Fitness centre.
  7. Spa service business.

Which franchise is best under 5 lakhs?

Best Profitable Franchise Business Ideas under 5 Lakhs for Small Towns in India

  • Amul Franchise.
  • Delhivery Franchise.
  • SastaSundar Franchise.
  • Pizza Central Franchise.
  • Brainy Bear Play School Franchise.
  • Kwality Walls Franchise.
  • Jugnoo Franchise.
  • 1mg Franchise.

Which franchise is best in small town?

Here are the top 10 best franchises for small towns in India

  • Luman Industries Limited.
  • Himalayan Range.
  • Reliable Accessories Pvt Ltd. Founded in: 2008.
  • Bean Here. Founded in: 2014.
  • Vedic Herbal Group. Founded in: 2009.
  • Brainy Bear. Founded in: 2014.
  • MAX FOOD PRODUCTS. Founded in: 2006.
  • Gayatri Electric Vehicles. Founded in: 2016.
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What is the best business to start under 10 lakhs?

As an entrepreneur, you should consider opening a language school franchise as it one of profitable business in the education industry. Franchise brand like The British Institute, English Pillars are offering franchises under 10 lakhs. Healthcare business will never cease to be in demand.

Is 5-10 lakh enough to start a franchise?

Depending on your business goals, and type of franchise 5-10 lakh may be adequate or fall short . Franchises usually have hefty startup fees and investment requirements that are often omitted from promotional material. They could include: Minimum cash requirements. Minimum net worth requirements. Royalty fees.

How can I make money by investing 5-10 lakhs?

There are multiple options where you can make some income by investing 5 – 10 lakhs. Franchise is one of the options. However, do consider this point – in a franchise setup, the franchisee makes just about 5\% of the profit, where as the franchisor actually makes the majority of the profit.

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What do you need to know about starting a small franchise?

Franchises usually have hefty startup fees and investment requirements that are often omitted from promotional material. They could include: Minimum cash requirements. Minimum net worth requirements. Royalty fees. Franchise licensing fees. Other monthly fees.